Verified Investing's Blog (109)

McDonald's Corporation (NYSE:MCD) has a head and shoulder pattern on the daily chart. This is a bearish chart pattern with a calculated target down to $102.00. The current price of McDonald's is $117.44, -0.26 (-0.22%). The key is it MUST break the neck line first. This has yet to happen which means the pattern has not triggered. If you are looking to short McDonald's stock, don't do it until you get a close on the daily chart below $116.50.

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When I’m analyzing charts to find the most attractive trades, I’m looking for a number of different factors. Here are my top three I always pay attention to: 

1. VOLUME: I look for equities trading over 1 million shares each day. At lesser volume, support and resistance levels tend to overshoot significantly adding more risk to a trade than I’m typically comfortable with. I look to see if recent trading volume has increased. When it is higher than normal,…

Dish Network (NASDAQ: DISH) dropped 8% today on news they are planning a $2 billion convertible notes offering, and the fact it did so on 10 times its average trading volume caught my eye. When price drops on volume that is several times the norm , it signals fear and panic, and could be the best time to buy. But, you never want to buy on this volume factor alone, especially after news. I'm putting $DISH on my watch list. I'll wait at least another two days before jumping in on any trade.…

The S&P 500 continues to be stuck in a range. This 1% range on the market has lasted now for 13 days. Friday and today the S&P has peaked above the range briefly, only to be sold into. So what does this tell us about the stock market?

1. Oil has been crushed 13% in the last 13 days. The markets holding up is a tribute to the great earnings recently from AAPL, FB, GOOGL and AMZN. But without those great news stories, what is the catalyst to fight off a continued drop…

Every evening I scan hundreds of charts. I believe all good investors and traders do the same. The more you see, the more likely it is you find something worth keeping on your watch list for the next day or so. Tonight I found Home Depot. The stock is into a trend line that connects from the highs of 2015 to the high in May 2016 to its current level. Obviously, this is some resistance on the chart. Earnings are August 16th, 2016, before the stock market opens. I will be watching this closely…

Spot crude oil hit a major support level today at $39.95. If you look at the chart below you can see the key support levels on the chart that have been hit. Oil should see a bounce off this level in the near term.

By Pro-Trader

Anthony Jackson

Investing in things has happened since man began walking the earth. Since the beginning, investors have made the same mistakes, over and over again. As Verified Investing forces transparency on Wall Street, we see the need for clear, concise rules to help investors excel and profit. These investing tips will help all investors from beginners to advanced.

1. Have A Game Plan For Your Investing

Too many investors start investing without any rules or objectives in mind.…

This morning at 8:30AM ET, the news hit that second quarter GDP came in at 1.2% for the second quarter. Expectations had been for 2.6% GDP browth The first quarter was revised down to 0.8% growth. While the stock market is mostly shrugging this off, it will change the tune of the Federal Reserve from just two days ago. On Wednesday, the Federal Reserve had hinted they may consider raising interest rates in September and/or December 2016. This came on the back of a better jobs report last…

Ever wonder why the big institutions make billions of Dollars a year trading the stock market? Why great investors like Warren Buffet almost always make great investment choices? Yet the little investor loses over and over again? Sure, part of the reason the big boys make money is because they have better information but a major part of it is also because they are not ruled by emotion. They make logical decisions on when to invest and what to invest in. Surprisingly enough, this does not…

Oil has been in a down trend now since it topped out in early June at $52 per barrel. Now trading at $41.05, oil is starting to get interesting for a near term bounce. I would not suggest holding it for longer periods but a technical bounce will be seen in the price. The key level is $40.00. This will also result in a key gap fill on the $USO (the oil tacking ETF). Patience as it falls, look for this level to make solid money off of.

 …

The M&A action is insane right now. Almost daily there is a new deal announced, with one company buying another. Today we saw Oracle Corporation (NYSE:ORCL) buying NetSuite Inc (NYSE:N) in a deal worth approximately $9.3 billion. So why are all these buyouts coming over the last month or so? What is going on? Is there that much value in these names or is there something amiss.

Below are the the two main reasons why there are so many buyouts going on.

1.…

Investors are joining Verified Investing by the thousands, intrigued and excited by a website policing 1000's of Pro Traders, verifying every trade they take and compiling track records. In addition, the only reward a Pro for profitable information rule is by far the most popular. This finally puts average investors in the drivers seat in the financial world.

Common questions arise from Users of our system. We hope this will shed some light on how to consistantly profit from Pro…

Superconductor Technologies, Inc. (NASDAQ:SCON) is a small cap company that has a history of mega moves. The small cap market right now is red hot and every investor is looking for that next big score. SCON is likely that stock. Trading at lows in an amazing long base of consolidation, this company has just peaked above the 200, 50 and 20 daily moving averages. Volume has been increasing over the last two weeks as well on accumulation. A break above $3.75 sends SCON to $6.25. There is huge…

I have been following spot crude for decades, trading it on occasion when the chart dictates. I called a short on crude oil when it kissed $52 per barrel based on a 100% move off the lows, $50 even number resistance, overly bullish sentiment and a plethera of other technical indicators. I rode it down, profiting nicely, taking my profits at $45.00.

How crazy is it that when crude oil was tradnig below $30 per barrel, analysts were calling for $20 oil. Then when it rallied to $52 per…

Earnings from Sprint Corp (NYSE:S) were at rockstar status today. The stock is surging, trading at $5.79 +1.19 (+25.87%). Big money is watching the gap fill on the chart at $6.20 as a shorting level. Until then, it is not worth stepping in front of this train. Fantastic move but there will be a trade here in the next few days on the short side. See the chart below.

Signup free to Verified Investing to gain access to my live swing trades. You can choose to gain access to any…

Teucrium Corn Fund (NYSEARCA:CORN) is the ETF that tracks the commodity CORN. This jumped on my radar on Friday because of the oversold chart put in a reversal signal known as a bottoming tail. Bottoming tails are candles on the chart that are important when they occur at multi month lows. This is the case on CORN. When this occurs, the odds heavily favor a move to the upside. Note the chart below. Upside is likely to $21.50 in the next month or two.…

The iShares Russell 2000 Index (NYSEARCA:IWM) has a beautiful bull flag on the daily chart. Most investors would look at that and think it is going much higher. However, they could possibly be getting faked out hard. The flag pattern has lasted for nine days with no breakout yet. Once a bull flag has matured it needs to rip higher quickly. If it does not make its move, failure is likely. When a bull flag fails, the resulting opposite move (in this case down) is epic.

How do…

The housing market is hanging on by a thread. The thread that is holding it up? Super low interest rates. This is keeping the real estate market floating but significant weakness in high end housing spells trouble. While many areas across the United States are showing increases in housing prices, this is mostly in middle to low end housing. Once you move north of $1+ million, demand has cratered. Why? The upper income buyers have too many questions about the future of housing in relation to…

The U.S. stock market closed on Friday flat to slightly lower. Institutions kept the lid on the news that was breaking a world away to make sure the stock options they had sold to investors expired worthless, maximizing profits. Options expiration is a multi-million Dollar payoff to institutions, thus important to control.  An attempted miliatary coup in Turkey. The Middle East, a hot bed for terror already, had just blown up again with more violence. Turkey is a…